Press release
Class D Audio Amplifier Market Global Size, Share, Growth, Trends And Forecast 2033
Class D Audio Amplifier Market
The Business Research Company offers in-depth market insights through Class D Audio Amplifier Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The class d audio amplifier market size has grown rapidly in recent years. It will grow from $3.04 billion in 2023 to $3.37 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to traditional analog audio amplification, growth in consumer electronics demand, increased focus on power efficiency, expansion of automotive audio systems, rise in demand for compact audio solutions.
The class d audio amplifier market size is expected to see strong growth in the next few years. It will grow to $4.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to adoption of class d amplifiers in automotive applications, increasing demand for energy-efficient audio solutions, growth of smart home devices, expansion of wireless audio applications, integration of class d amplifiers in portable electronics. Major trends in the forecast period include miniaturization of class d amplifier designs, development of multi-channel audio systems, integration of digital signal processing in class d amplifiers, rise of wireless connectivity features, implementation of advanced thermal management in amplifiers.
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Market Segmentation:
The class d audio amplifier market covered in this report is segmented -
1) By Amplifier Type: Mono-Channel, 2-Channel, 4-Channel, 6-Channel, Other Amplifier Types
2) By Device: Television Sets, Home Audio Systems, Desktops and Laptops, Automotive Infotainment Systems, Other Devices
3) By End-User: Consumer Electronics, Automotive, Telecommunication, Industrial And Retail, Other End-Users
Major Driver - Surging Demand From The Automotive Industry Fuels Expansion Of The Class D Audio Amplifier Market
Rising demand from the automotive industry is expected to propel the growth of the class D audio amplifier market going forward. The automotive industry is a sector that encompasses numerous organizations and firms involved in the design, development, manufacture, marketing, selling, and maintenance of motor vehicles. Class D audio amplifiers simplify thermal management while reducing the size and cost of high-power car/radio systems and help designers manage in-car energy consumption. For instance, according to the Bureau of Transportation Statistics (BTS), a US-based agency that publishes information on transportation systems, new vehicle sales increased to 11,741 (Thousands of vehicles) in 2021 from 11,041 (Thousands of vehicles) sales in 2020. Therefore, the growing automotive industry is driving the test and measurement equipment market. Therefore, rising demand from the automotive industry drives the Class D audio amplifier market.
Competitive Landscape:
Major companies operating in the class d audio amplifier market report are Qualcomm Technologies Inc., Toshiba Corporation, Texas Instruments Inc., STMicroelectronics N.V., Infineon Technologies AG, NXP Semiconductors N.V., Analog Devices Inc., Renesas Electronics Corporation, On Semiconductor Corporation, ROHM Co. Ltd., Maxim Integrated, Monolithic Power Systems Inc., Cirrus Logic Inc., Dialog Semiconductor PLC, Nuvoton Technology Corporation, Silicon Laboratories Inc., Integrated Silicon Solution Inc., ICEpower a/s, SL Audio A/S, Martin Audio Ltd., Amped America, Hypex Electronics BV, Tempo Semiconductor Inc., Legacy Audio, Bel Canto Design Ltd., atm-audio
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Top Trend - Innovations Redefining Technological Standards In The High-Power Audio Systems
Technological advancements are a key trend gaining popularity in the class D audio amplifier market. Major companies operating in the class D audio amplifier market are adopting new technologies to sustain their position in the market. For instance, in January 2023, GaN Systems, a Canada-based semiconductor manufacturing company, and Axign, a Netherlands-based semiconductor manufacturing company, launched a 1000-watt Class-D GaN audio amplifier. These amplifiers include best-in-class technologies from GaN Systems and Axign that enable unique audio systems with more efficient and powerful audio quality that helps audio designers to overcome several technical difficulties, including heat generation and efficiency in high-power audio amplifiers, with the aid of the 1000W Class-D audio amplifier reference design. GaN audio's increased efficiency allows for the elimination of heatsinks by designers, leading to low operating temperatures.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Class D Audio Amplifier Market Characteristics
3. Class D Audio Amplifier Market Trends And Strategies
4. Class D Audio Amplifier Market - Macro Economic Scenario
5. Class D Audio Amplifier Market Size And Growth
…..
27. Class D Audio Amplifier Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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